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In this first article, we will look at how to trade First Horizon shares going forward. With regulatory risks around M&A deals increasing, First Horizon shares are now trading at some of their largest spreads to the $25/share all-cash takeover price. Starting next week investo...
Cumulus retired about 8.7% of shares outstanding already this year for a total of $25 million. Management still plans to see leverage drop to 3.5x as EBITDA continues to increase and net debt is reduced. Cumulus could retire more than 15% of shares outstanding under the current bu...
Ariel Investments’ 13F portfolio value decreased from $11.86B to $11.27B this quarter. They increased Gentex, Resideo Technologies, and Boyd Gaming while reducing Progressive Corp and Berkshire Hathaway. The top three positions are Madison Square Garden Entertainment, Matte...
Insert name in second paragraph, first sentence of release: Karen Grimes. The updated release reads: TEGNA SHAREHOLDERS RE-ELECT BOARD MEMBERS AND APPROVE SAY ON PAY PROPOSAL AT ANNUAL MEETING Shareholders of TEGNA Inc. (NYSE: TGNA) today approved the re-election of Boar...
Shareholders of TEGNA Inc. (NYSE: TGNA) today approved the re-election of Board members, ratified the appointment of PricewaterhouseCoopers LLP and approved an advisory resolution on the compensation of the company’s named executive officers. Shareholders also voted in favor of a...
Streaming video has surged to another record share of television usage, as there now looks to be no reversing the direction of the tide: in favor of cutting the cord. Streaming usage made a big jump in May, to a record 31.9% share of TV time - and once again it took share from all other poten...
TEGNA Inc. (NYSE: TGNA) today announced it has been named a 2022 honoree of The Civic 50 by Points of Light and the Telecommunications Sector Leader. The Civic 50 honors the most community-minded companies in the United States. 2022 marks TEGNA’s third consecutive...
Merger activity ground to a halt last week with no new deals announced. JetBlue sweetened its offer for Spirit. Oracle completed its massive $24.3 billion deal for healthcare software company Cerner. For further details see: Merger Arbitrage Mondays: The Bidding War For ...
TEGNA Inc. (NYSE: TGNA) today announced that KUSA, its NBC affiliate in Denver, was awarded a Peabody Award in the News category for its “ Prone ” investigative series on the dangers of the prone position chokehold restraint. Peabody Awards honor the most compelling an...
Tegan (NYSE:TGNA) fell 1.1% on a report that the FCC's extended review of the $5.4 billion Standard General deal is a bit concerning. The FCC last month extended a deadline for opponents to file petitions to deny the deal and last week asked the parties for more information in regar...
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Strasbourg, France, and Lund, Sweden, July 22, 2024, 8:00 a.m. CET – Transgene (Euronext Paris: TNG), a biotech company that designs and develops virus-based immunotherapies for the treatment of cancer, and BioInvent International AB (“BioInvent”) (Nasdaq Stock...
Gray Media stations in Anchorage and Juneau will broadcast all locally available Seattle Kraken games, free over-the-air beginning with the 2024-2025 season TEGNA Inc. (NYSE: TGNA), the Seattle Kraken and Gray Media (NYSE: GTN) today announced that Gray’s KAUU in Anchorage and ...
NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. (NASDAQ: OLPX) (“OLAPLEX” or “the Company”) today announced the appointment of two highly seasoned leaders to its executive team. Catherine Dunleavy will join OLAPLEX as Chief Operating Officer and Chie...